According to the company’s 'Satellite Communications & Broadcasting Markets Survey', the satellite bandwidth used for traditional FSS services will be worth almost $15 billion in 2020.
"While we have seen slowing growth rates in leased capacity, FSS operators' revenue growth has continued to outperform the global economy, and operating margins remain high for most operators. In the near term, the difficult economic environment could weigh on the market," said Pacôme Revillon, CEO at Euroconsult.
"Still, connectivity needs and the growth of digital TV in emerging regions, combined with the launch of new generation high throughput satellite systems should continue to drive growth. The value of satellite capacity leasing should consequently grow at 7 per cent over the next ten years."
In the report 'Mobile Satellite Communications Markets Survey', Euroconsult forecasts that the MSS market will grow at nearly 13 per cent per year on average, from 2.4 million terminals in service in 2010 to 7.8 million by 2020.
Low-data rate machine-to-machine (M2M) devices will have a significant share in this subscriber growth, though their contribution to service revenues will remain limited.
"MSS wholesale revenue is expected to grow roughly 7 per cent per year over the decade, due to increased demand for broadband and other MSS services in a number of vertical markets and emerging regions," said Wei Li, senior consultant at Euroconsult and principal author of the report.
"Nevertheless, competition from terrestrial and VSAT networks will remain a major limitation for MSS growth in L-band."
Euroconsult’s 'Satellites to be Built & Launched' report estimates that 1,145 satellites will be built for launch from 2011 to 2020, 51 per cent more than the previous decade. Revenues from the manufacture and launch of these 1,145 satellites will be worth $196 billion worldwide, of which 70 per cent can be attributed to government demand.
Euroconsult forecasts 203 commercial communications satellites, with a market value of $50 billion, will be launched into the GEO arc over the next ten years. Some of these satellites were recorded in satellite manufacturers' order books during a flurry of ordering activity over the past five years.
Commercial satellite services outside the geostationary orbit will get a boost over the next decade with a total of 165 satellites to be built and launched into medium and low Earth orbits (MEO and LEO).